Boyanov & Co. has a ‘resourceful, reliable and effective’ team that handles a range of power generation development projects, including PV, wind and nuclear projects, where the team is well versed in the financing, transactional, real estate and construction aspects. Furthermore, the team often handles public procurement and concessions projects regarding the mining of natural resources. Practice head Alexander Chatalbashev is praised for his ‘considerable experience in the field of energy and natural resources’ and has recently advised on the implementation of nuclear power projects in Bulgaria.
Energy and natural resources in Bulgaria
Boyanov & Co.
Praxisleiter:
Alexander Chatalbashev
Weitere Kernanwälte:
Damian Simeonov; Nickolay Nickolov; Svetlana Tzvetkova; Ralitsa Nedkova
Referenzen
‘The Boyanov team is resourceful, reliable and effective, with good knowledge and experience in energy and natural resources law.’
‘Alexander Chatalbashev stands out as a lawyer with considerable experience in the field of energy and natural resources. Chatalbashev is responsive, thorough and reliable.’
‘A great team of professional people specialised in their area of work.’
Kernmandanten
World Bank
Heidelberg Materials
Westinghouse Electric Sweden AB
Dundee Precious Metals
UniCredit Bulbank
DSK Bank AD / OTP Bank plc
SevlievoGas
Ideal Standard – Vidima AD
EVN Bulgaria Renewables EOOD
Ming Yang Wind Power (International) co., Ltd. (Honk Kong)
Highlight-Mandate
- Represents Heidelberg Materials Devnya AD in the implementation of the project ANRAV-CCUS, an innovative and pioneering stakeholder-supported CCUS (carbon capture, utilisation and storage) project to realise the first CCUS-cluster in Eastern Europe, supporting the Balkan region to reach its climate goals by 2030.
- Advising WESTINGHOUSE ELECTRIC SWEDEN AB in relation to its participation as a technology provider in the project for construction of two new nuclear power units at the site of the existing NPP Kozloduy.
- Advising Rezolv Energy on the acquisition of a Bulgaria company developing the largest so far in Bulgaria PV project with a capacity of 229 MW.
CMS
CMS maintains a leading presence in the energy market and continues to advise on a diverse portfolio of projects, assisting on all aspects of the construction and purchase of facilities, regulatory and environmental advice and any operative issues. While the team’s focus lies in the renewables sector, they are also well versed in oil and gas, nuclear and mining projects and regularly advise leading Bulgarian and international clients in these areas. Kostadin Sirleshtov ‘has vast expertise in energy projects’, as well as in public procurement and leads the practice alongside Dimitar Zwiatkow, who focuses on the renewables sector, including on combined heat and power and waste to energy projects. Borislava Piperkova is a key member of the department, as is Lyuba Bozova-Peshovska and Konstantin Altandzhiyski, who joined the firm in September 2023 and March 2024 respectively.
Praxisleiter:
Kostadin Sirleshtov; Dimitar Zwiatkow
Weitere Kernanwälte:
Borislava Piperkova; Lyuba Bozova-Peshovska; Konstantin Altandzhiyski; Diyan Georgiev; Viktoriya Dimitrova; Dian Boev; Denitsa Dudevska
Referenzen
‘A great team of professionals, with extensive expertise in the oil and gas industry, provides very prompt and client-oriented advice in relation to our offshore oil & gas project in Bulgaria. CMS Bulgaria also has expertise with submitting force majeure applications with the Bulgarian Chamber of Commerce and Industry.’
‘Kostadin Sirleshtov – exquisite professional, extensive expertise in the oil and gas sector, very client-oriented, provides valuable insight of the practice of the relevant authorities. Denitsa Dudevska – high-quality professional, very knowledgeable in the oil and gas legislation, provides high standard legal advice and very promptly.’
‘CMS demonstrated excellent professional expertise and are good with keeping deadlines and anticipating client needs.’
Kernmandanten
Aquila Capital
Greenvolt Power
Chint / Astronery
OMV Petrom
Rezolv / Actis Fund
Sungrow Renewable Energy Investment Pte. Ltd
DSK Bank
Green Source
EURUS ENERGY EUROPE B.V.
Enka İnşaat ve Sanayi
Toshiba Corporation
Green Solar Energy
EuroAtlantic
Solar Park Trakiya
YGY Industries
Highlight-Mandate
- Advised Aquila Capital on the acquisition of three renewable projects in Bulgaria.
- Advice to Greenvolt Power on the acquisition of an 80 MW Ready-to-Build PV Project from AES’s Bulgarian subsidiary.
- Advised GREEN SOURCE GmbH on the development of a 500 MW solar project in Bulgaria and the related corporate restructuring.
Djingov, Gouginski, Kyutchukov & Velichkov
Major Bulgarian and international power generation companies, corporates and investors turn to the energy and utilities practice at Djingov, Gouginski, Kyutchukov & Velichkov for advice on the implementation of their energy businesses in Bulgaria, obtaining of electricity trading licenses as well as advice on all aspects of various development projects and ongoing regulatory matters. Milan Pandev and Georgi Gouginski jointly lead the team, with Pandev handling power generation, distribution and pipeline development projects in the oil and gas sector, and Gouginski covering corporate mandates, including M&A, privatisation and project financing in this area. Maya Mircheva is well versed in energy projects and administrative litigation and is a key associate in the department.
Praxisleiter:
Milan Pandev; Georgi Gouginski
Weitere Kernanwälte:
Maya Mircheva; Deyan Bogdanov; Delyan Dzhurov
Kernmandanten
UniCredit Bulbank
EBRD
Vitol Gas & Power B.V.
ContourGlobal Maritza East III AD
Axpo Bulgaria AD
Shanghai Sensheng Asset Management Centre
Sola Renewable Energies Bulgaria OOD
Asahi Group Ltd.
ABB Asea Brown Boveri Ltd.
NEPI Investment Management SRL.
Highlight-Mandate
- Advised UniCredit Bulbank and the EBRD in relation to EUR 80m project financing of 112.5 MW solar PV power plant in Bulgaria.
- Advised ContourGlobal Maritsa East III on a series of EFET-based PPAs and ISDA based commodity derivative transactions with Bulgarian and non-Bulgarian counterparties
- Advised Vitol on obtaining a new electricity trading license and provided ongoing legal advice to Vitol on energy regulatory matters related to trading in gas and electricity in Bulgaria.
Kambourov & Partners
Kambourov & Partners is praised for ‘consistently delivering timely, strategic and effective advice’. Many of the firms’ recent mandates were in the electricity and natural gas fields, where the team provided legal counsel on the generation, infrastructure development, distribution, supply and trading of the commodities. Further areas of expertise include regulatory, M&A, corporate and commercial matters for renewable energy project developers, energy traders, investors and investor owned utilities. Stefan Tzakov leads the department and is an expert in various energy sources and has extensive experience in energy related litigation. Irena Petkova in the team is well versed in major energy projects.
Praxisleiter:
Stefan Tzakov
Weitere Kernanwälte:
Irena Petkova
Referenzen
‘The people working in the company have knowledge in many areas, which allows them to very quickly and effectively navigate specific cases, offering effective solutions.’
‘I know very well the specialists who work in the company and I can certainly confirm that they are some of the best professionals in the industry.’
‘Kambourov & Partners’ energy and natural resources team stands out for its solution-oriented approach, consistently delivering timely, strategic, and effective advice. Their deep understanding of the legal landscape in Eastern and Southeastern Europe, particularly in Bulgaria, is invaluable for clients in the energy sector. The firm’s specialised teams offer in-depth market knowledge, allowing them to provide innovative and concrete solutions tailored to business needs.’
Kernmandanten
NEPI Rockcastle – Sofia Commercial Centre EOOD
SD GAS&POWER S.R.L.
А29 Energia Bulgaria EOOD
Nova Power & Gas S.R.L, Romania
ČEZ, a.s., Czech Republic
United Group
Prometheus Gas S.A., Greece
Shanghai Electric Power, China
Mitsui Bussan Commodities SA, France
State Oil Company of the Azerbaijan Republic (SOCAR)
Gray Stone OOD, Bulgaria
Mercuria Group
European Energy A/S, Denmark
Correggio Consulting
Highlight-Mandate
- Advised NEPI Rockcastle on plans for green transformation of its retail real estates by securing the energy consumption through PV electricity generation on site.
- Advised Nova Power & Gas S.R.L, part of the Rumanian E-INFRA group, on its entry on the Bulgarian energy market – gas and power trading.
- Advised Gray Stone Bulgaria on various energy matters, such as the construction and operation of PV power plants, green hydrogen and electricity storage facilities, on EFET Agreements, as well as on the sale of a 51% stake in its subsidiary Gray Stone Renewables to Greenvolt Next Holding S.A., Portugal.
Schoenherr
Schoenherr is particularly well regarded for its proficiency on international energy projects across the oil and gas, wind, PV and utilities sectors, leveraging the firms cross-European set up to advise both Bulgarian and European companies, governmental and EU bodies on the acquisition, development and implementation of projects. Further areas of expertise include M&A and project financing, regulatory compliance, EU policy and local energy legislation. Dimitar Kairakov and Stefana Tsekova jointly lead the practice, with the former advising energy clients on regulatory and licensing matters and the latter having experience in development of the energy regulatory framework both at the EU and national levels.
Praxisleiter:
Dimitar Kairakov; Stefana Tsekova
Weitere Kernanwälte:
Alexandra Doytchinova; Katerina Kaloyanova-Toshkova; Dimitar Vlaevsky; Elena Todorova
Referenzen
‘High-quality firm where I always felt like I was dealing with a smaller institution in term of their client management, which was really great. Much more personal and tailored.’
‘I worked primarily with Stefana Tsekova, with whom I had an excellent experience. She is friendly, knowledgeable and hard working. I worked with her on a very large and visible policy project in Bulgaria where she consistently delivered huge amounts of work to very tight timelines. She understood well the brief, and not just what was written down, so her flexibility was really key to a successful delivery of the project.’
Kernmandanten
EBRD, Beneficiary: Ministry of energy
METKA
Windkraft Simonsfeld AG
Petrom
RGREEN Invest SAS
IBH S.r.l.
Photon Energy
BHP
Keppel Infrastructure
Risen Energy
Liechtenstein Group
Enery Development GmbH
European Commission
MET Group
OMV Bulgaria
Edison Italy
Woodside Energy
UniCredit Bulbank AD
Société Générale Expressbank
RWE
Raiffeisen Bank International AG
Danske Commodities
Highlight-Mandate
- Advised the EBRD and the Ministry of Energy on the implementation of Investment 6 (1.4 GW RES and Batteries Project) and Investment 8 (3 GW storage -RESTORE Project) under the Recovery and Resilience Plan with total value of over EUR 1bn, as well as on improvement of the legal framework to facilitate the RES and storage growth in the country.
- Advised Enery Development GmbH (Enery) on attracting project financing from UniCredit Bulbank for the construction and operation of Enery’s first greenfield solar photovoltaic (PV) project in Bulgaria.
- Advised Met Suvorovo Wind Park on its corporate reorganisation, the acquisition of the necessary approvals for the reorganisation and the refinancing from the Energy and Water Regulatory Commission, and the refinancing of the wind park along with the related security package.
Wolf Theiss
The team at Wolf Theiss brings its ‘solid expertise and practical approach’ to a broad range of energy matters, including the financing, construction and development of major energy infrastructure projects, regulatory compliance matters, M&A transactions and renewable energy infrastructure portfolio transactions, gas and electricity licensing procedures as well as on mining operations. Anna Rizova, whose expertise lies in regulatory advice for clients in the electricity and natural gas sectors, leads the practice alongside Radoslav Mikov, who has experience in natural gas infrastructure projects. Oleg Temnikov is a recommended practitioner.
Praxisleiter:
Anna Rizova; Radoslav Mikov
Weitere Kernanwälte:
Katerina Novakova; Oleg Temnikov
Referenzen
‘The team brings solid expertise and a practical approach, with a focus on understanding client needs and delivering results.’
‘The energy team at Wolf Theiss Bulgaria combines excellent expertise and experience in the power and gas sectors.’
‘Radoslav Mikov and Katerina Novakova have an in-depth and meticulous approach to each case, regardless of the initial assessment of complexity. It is impressive.’
Kernmandanten
Micronix Group
MET Group
AOT Energy
Overgas
E.ON
Renalfa
Mundoro
Electrohold Bulgaria
Highlight-Mandate
- Advised Renalfa Renewables Austria and RGreen France on their acquisition of Alpiq Group’s Bulgarian assets, including Vetrocom wind park.
- Advising and representing Mundoro in a complex legal process to obtain an exploration permit for a promising gold exploration area in Bulgaria.
- Advised Electrohold Bulgaria on a 10-year power purchase agreement with PPF Telecom Group’s Yettel and CETIN, enabling their switch to renewable energy from a 123 MW photovoltaic plant.
Andrey Delchev and Partners - Eurolex Bulgaria
Andrey Delchev and Partners - Eurolex Bulgaria continues to stand out for its ‘deep industry knowledge’ particularly in the oil and gas sector, but also across the renewable energy, water and mining industries. The team frequently covers the financing and structuring of energy projects, due diligence of energy companies, regulatory compliance advice, representation before the courts and the energy regulator in contentious matters, as well as comprehensive support on tender documentation and concession procedures. Managing partner Andrey Delchev and has extensive expertise in the petrol and natural gas industries, and is supported by Magdalena Valova, Dimitar Delchev and Boriana Chotekova in the team.
Praxisleiter:
Andrey Delchev
Weitere Kernanwälte:
Magdalena Valova; Dimitar Delchev; Boriana Chotekova
Referenzen
‘The law firm is exceptional in the sector. We can always count on them to find us the right solution.’
‘Dimitar Delchev – beyond his legal strength we value his commitment and availability to the client, his willingness and ability to provide market and local support that goes beyond the customary and adds great value.’
‘What sets this firm apart is their deep industry knowledge and ability to handle complex projects from start to finish. Their team not only excels in negotiations and legal expertise but also has a strong grasp of the technical and financial aspects, ensuring a seamless process. They are proactive, always staying ahead of challenges, and their collaborative approach makes everything run smoothly.’
Kernmandanten
Assarel-Medet JSC
Bulgarian Mining Chamber
Bulgarian Petroleum and Gas Association
Electrohold Bulgaria EAD / (CEZ Group)
Sungrow Renewable Energy Investment PTE. Ltd., China
World Bank
Lukoil Group
Arrowbio
Hydrolia AD
‘Kalcit’ Ltd.
Highlight-Mandate
- Advised Lukoil Bulgaria in relation to proceedings before the Commission for protection of completion initiated against two companies of the Lukoil Group in Bulgaria.
- Advised the Bulgarian Petroleum and Gas Association on the applicable fuel market regulations (e.g. protection of competition, cartel or abuse of a dominant position charges).
- Advised Sungrow Renewable Energy in relation to the acquisition and construction solar power plants in Bulgaria with first year of operation target of around 100 MW. It is in process of incorporation of subsidiary and opening of representative office in Bulgaria.
Georgiev, Todorov & Co
Georgiev, Todorov & Co offers both advisory and litigation services across a broad range of energy mandates, among which are major infrastructure projects, obtaining licences for the production of electricity, regulatory advice, as well as representation before the administrative bodies. Disputes expert Ivan Todorov leads the practice alongside Nikolay Lazarov is described as ‘an excellent professional with sharp thinking and extensive knowledge in the field of energy and natural resources’.
Praxisleiter:
Ivan Todorov; Nikolay Lazarov
Weitere Kernanwälte:
Arno Mamasyan; Dobrina Pavlova; Ivan Tserovski; Tsvetelina Dimitrova
Referenzen
‘Nikolay Lazarov stands out as a high-profile lawyer in the field of energy and natural resources. He is a smart and skilful professional who is also good litigator. Ivan Tserovski also stands out with his communication skills and attention to detail.’
‘Georgiev, Todorov & Co. has advised us on energy regulatory matters and has proven to stand out with its energy practice because of its experience, knowledge base and outstanding team of professionals, which is extremely well prepared to face any challenging matter.’
‘Nikolay Lazarov, stands out as excellent professional with sharp thinking and extensive knowledge in the field of energy and natural resources. Arno Mamasyan is also particularly strong in the field of energy. He has enormous experience and outstanding knowledge in the matter. He is a very skilful and dedicated lawyer.’
Kernmandanten
Albena AD
Balkan AD
Belozem Solar Park 3 EOOD
Dundee Precious Metals Chelopech
Galabovo Solar BG EOOD
Kaloyanovo Solar BG (former Galaxy Re)
Grand Energy Distribution EOOD
Karnobat Energy EOOD
Hydroenergy Association
Hydroenergy Construction EOOD; KK Hydro OOD
Thermal Power Plant Bobov Dol
Thermal Power Plant Maritsa 3 AD
Thermal Power Plant Ruse AD
Trakia MT Solar EOOD
Union of the producers of Green Energy
Asarel Medet JSC
Park Ramanusha
Toplivo Corporation AD
Karlovo Solar BG
Highlight-Mandate
- Advised DUNDY PRECIOUS METALS KRUMOVGRAD EAD, including advice to Bolkan Mineral and Mining EAD, a subsidiary of DUNDY PRECIOUS METALS KRUMOVGRADEAD, on the preparation of the contract for the granting of a concession for the extraction of underground resources.
- Advised Stock Energy (licensed trader of electricity) in a dispute with the Energy and Water Regulatory Commission with regard to a decision issued by the regulator for determination of a minimum price at which the balancing deals should be concluded for the period 01.01.2024 – 30.04.2024.
- Advising Galabovo Solar BG, Kaloyanovo Solar BG (former Galaxy RE) and Karlovo Solar BG on the procedure for obtaining of licenses for the activity production of electricity for photovoltaic power plants with total capacity of above 400 MW.
Jordanov, Ignatov, Ivanov Law Firm
Jordanov, Ignatov, Ivanov Law Firm advises national companies and state governmental departments through the development, operation and ensuing disputes of various energy projects, including on concessions and public procurement projects. The team has also developed a specialism in solar projects, where they handle a plethora of construction and contracting issues. Ivan Jordanov and Rumen Ignatov lead the practice, that is praised for its ‘comprehensive understanding of the complex regulatory and commercial landscape’.
Praxisleiter:
Ivan Jordanov; Rumen Ignatov
Weitere Kernanwälte:
Svetlana Valeva
Referenzen
‘The Jordanov, Ignatov, Ivanov Law Firm stands out in the energy Sector for its comprehensive understanding of the complex regulatory and commercial landscape. Potential clients would appreciate the team’s expertise in energy regulations, project financing and dispute resolution, as well as their proactive approach to navigating evolving industry dynamics.’
‘Managing partner Ivan Jordanov and his team stand out for their exceptional expertise and strategic approach in the energy sector. Ivan’s deep industry knowledge and leadership are pivotal in steering complex projects and regulatory matters with precision. His ability to provide high-level strategic insights and practical solutions distinguishes him from competitors. I have particularly valued their proactive communication and ability to anticipate and address challenges effectively, which consistently delivers excellent results.’
‘The energy and natural resources practice at Jordanov, Ignatov, and Ivanov is unique for its specialised knowledge in the renewable energy sector, particularly solar energy. Their deep understanding of regulatory frameworks and market dynamics has been invaluable to us as a solar park owner.’
Kernmandanten
Bulgarian Ministry of Energy
National Electric Company
Bulgarian Energy Holding
Varna Logistics EAD
Polaris 8
Vicinity OOD
Miltopia OOD
Solay OOD
Industrial Zone Pleven OOD
SOGE Invest
Vod7
Valevi Trade
SHQIPTAR SOLAR ENERGY Ltd.
BPD PM
Highlight-Mandate
- Represented the Ministry of Energy on all legal aspects concerning the termination of a long-term concession agreement with the construction company European Roads for extraction of inert materials.
- Advised the Ministry of Energy on the re-negotiation of the 1999 concession agreement of Chelopech underground gold-copper mine, operated by Dundee Precious Metals.
- Advises Industrial Zone Pleven OOD on the development of a 20 MW PV project situated within the Industrial Park Pleven premises.
Kinstellar
Kinstellar’s energy team is highly regarded for its strength in energy transactions, including M&A transactions, due diligence and acquisitions of energy infrastructure and project financing. Advice on natural gas and electricity trading licenses, RES greenfield project development and energy regulatory matters. Mladen Minev covers the regulatory side while Diana Dimova leads on diverse energy transactions and concession mandates. The associate bench in the department was recently strengthened: first in January 2024 when Boryana Boteva joined from Sabev & Partners Law Firm, then in June 2024 with the joining of Iliyana Marinova from an in-house position, and finally again in October 2024 when Mihaela Dimitrova came from Gugushev & Partners Law Office.
Praxisleiter:
Mladen Minev; Diana Dimova
Weitere Kernanwälte:
Boryana Boteva; Iliyana Marinova; Mihaela Dimitrova; Atanas Mihaylov;
Referenzen
‘The practice is the best there is! The practice has both regulatory and transactional expertise in energy and can be considered a market leader. Strong energy specialists, commercial insight and timely advice. I trust this team completely. The practice excels in dealing with complex projects, especially when one has to consider many different areas of law and/or jurisdictions.’
‘Mladen Minev is a particularly smart and insightful lawyer. He thinks critically and strategically and leaves no stone upturned when dealing with complex topics. Atanas Mihaylov is extremely practical and solutions-driven. His efficiency is commendable. Diana Dimova is well-known on the market and her insights are highly valuable. She is very good at getting around roadblocks and proposing creative solutions.’
‘Kinstellar’s team demonstrates top-class legal knowledge in the field of energy and natural resources matters. Their experience in the sector, combined with a business-oriented approach, helps them provide tailored solutions to very complex matters. They handle challenges with a positive attitude and high efficiency. It is always a pleasure working with them.’
Kernmandanten
United Energy Group
MVM CEEnergy Zrt
DKV Mobility
Terraverde CE AD
Motor Oil Renewable Energy SA (MORE)
Winslow Solar 2022 AD
Aron & Company LLC
DXT International SA
Galleria Burgas EAD (part of MAS P.L.C.)
Galleria Stara Zagora EAD (part of MAS P.L.C.)
Sun’R International (part of Eiffage)
Direct Petroleum Bulgaria
European Bank for Reconstruction and Development
ENERGO-PRO A.S.
Highlight-Mandate
- Advising United Energy Group on the acquisition of Green Profit EOOD, a developer of two photovoltaic power plant projects with approximate total capacity of 250 MW, for EUR 37.5m.
- Advising MVM CEEnergy Zrt. on obtaining a license for natural gas trading in Bulgaria.
- Aron & Company LLC on energy regulatory matters stemming directly from the EU regulatory framework.
Penkov, Markov & Partners
The ‘exceptional’ energy team at Penkov, Markov & Partners handles a broad range of mandates, including energy projects across solar, wind and hydropower, as well as contentious matters before the civil and administrative courts. The practice is led by a trio of practitioner: Vladimir Penkov, who has extensive experience in the drafting of energy legislation, Nikolay Voynov, who is well versed in energy projects and concessions, and disputes expert Atanas Valov.
Praxisleiter:
Vladimir Penkov; Nikolay Voynov; Atanas Valov
Weitere Kernanwälte:
Boris Lazarov
Referenzen
‘Nikolay Voynov and Atanas Valov from Penkov, Markov & Partners have demonstrated unconditional professionalism. Notable is their desire to constantly upgrade and acquire experience and expertise in ever wider aspects of their work, as well as their uncompromising knowledge of legal practice in the context of local and European legislation.’
‘The team has a deep knowledge on the energy sector and specifically the hydro power plants regulation in Bulgaria and EU. The team is quickly responsive for meetings and delivers in short time high-quality work which is of significant value to us.’
‘They have a very well prepared team in the sphere of energy efficiency. They know the administrative procedures and showed true understanding of the technical aspects of the case while being in joint meetings with our technical consultants.’
Kernmandanten
EURA Energy (subsidiary of Eurowind Energy and Renalfa)
Mondi Stambolijski EAD
Zlatna Panega Cement AD
Energy MT EOOD
Knauf Bulgaria EOOD
Eurowind Energy A/S (former EnergiMidt Renewables A/S), Denmark
Minstroi Holding Group
Aenerg Group
Solar group
Global Biomet EOOD
Akuo Energy
GD Capital Management AD
Marvik Pastrogor EOOD
Dana Bulgaria EOOD
CEP Renewables SL
AGRIA AD
CHINA DEVELOPMENT BANK
Eurostar OOD
Highlight-Mandate
- Advised EURA Energy on a on the development of a photovoltaic plant project with a total capacity of 237 MW near the village Tenevo.
- Advises the coordinator of balancing group Energy MT and the clients in its balancing group on the appeal for partial abolition on the new methodology for determination of the prices on the electricity balancing market.
- Advised one of the leading Bulgarian electricity traders Energy MT on the appeal against the regulator’s decision for imposition of fine under the first REMIT case in Bulgaria on alleged market manipulation according to the provision of Art. 5 of REMIT.
Bouzeva & Partners Law Firm
Bouzeva & Partners Law Firm's energy department advises a stellar client roster including the likes of Bulgargaz, Bulgarian Energy Holding and the Natural Gas Interconnector Greece-Bulgaria on nationally significant energy infrastructure projects as well as in contentious antitrust matters before Bulgarian and European courts. Practice head Nikolay Daskalov has expertise in energy infrastructure projects.
Praxisleiter:
Nikolay Daskalov
Weitere Kernanwälte:
Milena Muraveeva
Referenzen
‘The energy and natural resources team at Bouzeva and Partners is highly dedicated and goal-oriented, consistently striving to meet their clients’ objectives. With their in-depth experience in the field, they bring a wealth of knowledge to every project, ensuring well-informed and strategic decisions. They can always be relied upon to deliver on time and with the quality required, even in complex matters. Their commitment to excellence and focus on client satisfaction make them a standout choice in this sector.’
‘Nikolay Daskalov, as the partner leading the energy and natural resources team at Bouzeva and Partners, is always available and goes above and beyond to answer calls and meet deadlines, no matter how tight. His deep understanding of the energy sector and wealth of knowledge make him an invaluable asset. He consistently ensures that clients receive timely, informed advice, making him someone you can always rely on for even the most complex matters.’
‘The team is very well organised and efficient. They make sure that the client receives a consolidated and consistent approach, and the arguments can be presented/defended by each of the team members equally well. They are very professional, with attention to detail and a clear understanding of the client’s needs.’
Kernmandanten
Bulgargaz
Bulgarian Electricity System Security Fund
Bulgarian Energy Holding
Bulgartransgaz
Meridiam SAS
ICGB (Natural Gas Interconnector Greece-Bulgaria)
Sofia Municipality
REWE Group / BILLA
SOF Connect (concessionaire of Sofia Airport)
Highlight-Mandate
- Successfully represented the Bulgarian Energy Holding, and its subsidiaries Bulgargaz and Bulgartransgaz in an antitrust case before the General Court of the EU, resulting in full annulment of the EC’s decision regarding an alleged abuse of dominant position in the energy sector.
- Representing Bulgargaz in a dispute arising out of a gas supply agreement with a manufacturer of chemical fertilisers and products in Bulgaria.
- Successfully represented ICGB in a dispute revolving around a financial correction affecting the public financial support allocated for the Gas Interconnector Greece – Bulgaria.
Dimitrov, Petrov & Co
Among the plethora of energy matters that the ‘dynamic and very competent’ team at Dimitrov, Petrov & Co cover are all stages of the development of solar projects, electricity trading licenses, M&A and infrastructure transactions and representation in litigation proceedings. Practice head Pencho Stanchev is highly regarded in the dispute resolution field, which he often combines with expertise in energy law on contentious matters.
Praxisleiter:
Pencho Stanchev
Weitere Kernanwälte:
Alexander Georgiev; Boyana Milcheva
Referenzen
‘Dynamic and very competent team, they know the energy sector in Bulgaria very well.’
‘They possess a combination of legal expertise, industry-specific knowledge, and soft skills that enable them to effectively address our complex and evolving need both in renewables and oil and gas sectors.’
‘Pencho Stanchev and Boyana Milcheva both are top-notch energy lawyers. They are able to able to communicate effectively with diverse stakeholders. They are skilled negotiators that have helped more than once to structure deals that minimise risk and maximise compliance.’
Kernmandanten
Electrawinds Bulgaria
Helios Construction Project Ltd.
Yggdrasil Commodities ApS
Respect Energy
Yasol AD
Mareshki group of companies
Ezio Trade
Spark Legal Network and Grimaldi Alliance
Pasabahce Bulgaria
Highlight-Mandate
- Advised Helios Construction Project Ltd. on the sale of the shares of Bio PiDi Solar Energy, which holds and developed a 130 MWp photovoltaic project near Bourgas, Bulgaria.
- Advised Electrawinds Bulgaria on the sale of shares in Montanesium Solar, a company actively engaged in developing a 70 MWp solar park.
- Assisted Ezio Trade in obtaining a license for electricity trading and registered the client as a market participant with the Independent Bulgarian Energy Exchange (IBEX) and the Bulgarian transmission system operator (ESO).
Dinova Rusev & Partners
Dinova Rusev & Partners advises energy producers, including solar and wind power plants, and investors on M&A transactions, infrastructure acquisitions and the related due diligence, as part of the development of diverse energy projects in Bulgaria. Iliya Grozdanov is ‘experienced in all ins and outs of the energy business’ and is well versed in energy litigation.
Praxisleiter:
Iliya Grozdanov
Weitere Kernanwälte:
Radoslav Zahariev
Referenzen
‘DRP is probably the most experienced legal team in all energy law matters, but its real strength is wind and solar power projects. They understand our problems quickly and are highly responsive. DRP looks beyond the legal issues, considers technical and business aspects of the problem, and proposes practical solutions to complex matters. The team knows the market and the problems wind investors face.’
‘Iliya Grozdanov stands out as one of the best energy lawyers in Bulgaria. He is very experienced in all ins and outs of the energy business, especially wind, and proposes innovative solutions to our problems. His response time is more than fast and he is always available when we need him.’
‘The team of Dinova Rusev and Partners are amazing in the wind energy sphere. They have a deep understanding of the market, the political dynamics and legislative changes that are taking place in Bulgaria. For me, their coherent team is well position to tackle any question and come up with creative solution.’
Kernmandanten
Ignitis Renewables
Taaleri Energia
United Group Solar energy
CPC Bulgaria
Idea Solare S.R.L
Local Energy Supply
Kaliakra Wind Power
Kellag (Windfarm Balchik)
Interenergo
Gorubso Kardzali
Highlight-Mandate
- Advised Taaleri Energia on acquisition of a 600 MW PV power plant.
- Advised Ignitis Renewables on acquisition of a 108 MW wind farm project.
- Advised Idea solare on 100 MW PV power project.
Gugushev & Partners Law Office
Gugushev & Partners Law Office houses a team of ‘high quality people with a deep understanding in their areas of expertise’ that advise on the ongoing operation of renewable energy projects in Bulgaria, predominantly solar projects. Practice head Kostadinka Deleva has extensive expertise in the energy field, including in licensing and trading matters. Mihaela Dimitrova moved to Kinstellar in October 2024.
Praxisleiter:
Kostadinka Deleva
Weitere Kernanwälte:
Stefan Gugushev
Referenzen
‘High quality people with a deep understanding in their areas of expertise. Personal and collaborative approach to problem resolution.’
‘Managing partner Stefan Gugushev: the driving force behind their office. Experienced, skilful, knowledgable. Partner Kostadinka Deleva – energy expertise.’
Kernmandanten
Helios Projects JSC
Urbasolar SAAS
El Bonus LTD
EUSOLAG European Solar AG
Highlight-Mandate
- Advise Helios Projects JSC on an ongoing basis regarding all legal aspects related to their business activities in the renewable energy sector in Bulgaria.
- Advise the Bulgarian subsidiary of Urbasolar in connection to the operation of their solar park in Bulgaria and on the legal framework and regulations in the renewable energy sector in Bulgaria.
- Advise the Bulgarian subsidiary of EUSOLAG European Solar AG in the process of connection into the grid of their photovoltaic power plant with capacity 4 MW located in the region of Southeast Bulgaria.
Kinkin & Partners
Kinkin & Partners’ recent activity in the energy sphere comprises advice on licensing, permits and environmental assessments in relation to renewable energy projects and concessions, particularly hydropower projects. Adriana Nacheva leads the team and handles all construction aspects of energy projects.
Praxisleiter:
Adriana Nacheva
Weitere Kernanwälte:
Domna Mancheva
Kernmandanten
VEZ Svoghe Ltd.
CENTRAL HYDROELECTRIC DE BULGARI Ltd.
Infragrup LTD
Nord – EL LTD
Putengineering LTD
Stancho Hadzhdimitrov JsC
Kosovets LTD
Highlight-Mandate
- Advised on the reissuance of four water abstraction permits for VEZ Svoghe’s pending hydroelectric power plants and extension of the construction period.
- Advised on the regional inspection of environment and waters confirmation of the validity of Nord – EL’s 2008 environmental evaluation.
- Advising Infragroup on legal compliance for expanding their inert materials quarry project, as the local authorities are refusing to consider the investor’s legal rights.